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policy and the environment and role of large-scale asset purchases. before doing so let me note the usual disclaimer. the thoughts i'm about to give you are my own. do not necessarily reflect the views of others on the fomc. there's a considerable diversity of views within the fomc and within -- commong economists more generally about the use of large-scale asset purchases and other unconventional policy tools. this is both inevitable and healthy given the unprecedented circumstances in which we find ourselves. let me be clear on where i stand. i support the committee's decision of last month, namely to initiate purchases of mortgaged backed securities at a rate of $40 billion a month. in tandem with the ongoing maturity extension program of treasury securities, and to plant a continue those purchases if the committee does not observe a substantial improvement in the waiver market outlook. given where we are, given what we know, i firmly believe that this was the right decision. in my comments today i'm only going to briefly review the case for taking that action as that ground has been w
, i learned on the campaign trail. there's always a winner and loser. the political environment just like the business world, is highly competitive. with every campaign season there's always a new crop of start-ups. innovation incubators. and so, i guess the campaign is a little bit of an entrepreneurial showcase. i think a lot of us think we see these ads and i guess keeping the campaign is disliked a big marketing machine that spits out the ads we see on tv and the candidates are sending mail to us an e-mail to our in box and the phone calls and so forth. but if you peel back the curtain, you might find something. a something difference you find a very complex, highly detailed operation. there's a million things happening at once. there are things happening around the candidates, there are things happening around the headquarters operations, things happening in field offices. everything from where a candidate will stay, who will stand with the candidates, what site he should choose for that and how many people should come to the event and right down to the helium in the balloons an
squaur. if you look at the product environment space, more than 100 million. this is a new business which we started over the last three, four quarters. we are opposed to have a million dollars on our platforms. if you look at client relations, we have 32 new clients in q2 and many of them in the -- segment. so if you look at the indicators, all of them indicate that our specific execution of the direction has early resistance. at the same time, we've said that we are in a challenging economic environment. but we are investing for the future. increasing our revenue from europe and integration. that is not factored into the guidance because the deal is not closed. what does all this mean? early indicators indicate that our execution is yields business. we are confident over the long term. >> your dollar averages are flat. what's going on with your customers at the moment? are they taking a lot longer to make investment decisions and is that giving you less visibility about future guidance? >> there are two parts to the answer. if you look at this quarter, 98% of our revenue came from prepa
security incidents from last june to this july. these incidents paint a clear picture that the environment in libya was fragile at best and could degrade quickly. certainly not a environment where posts should be directed to normalized operations and reduced security resources in accordance with an artificial timetable. at today's noon hearing on the hill we'll hear from lieutenant colonel andrew wood, the green beret from the utah army national garth who was in charge of a security team in benghazi that left libya a few weeks before the attack. he told cbs as soon as he arrived in february there was pressure from the state department to shrink the security force. bill: it is unfolding as we speak here. peter, thank you. on that leading our coverage in washington. martha. martha: there is much more on this stunning development. did the white house cover up the attack in benghazi for political reasons? that is the question, really. that's what it boils down to. we will ask that to house oversight committee chairman, darrell issa. he will join us in a little while. he will lead the congressi
? alternative fuel for our cars? did you think of hope for the environment, or food, clothing, shelter? we do. weyerhaeuser. growing ideas. >> mr. president, you are entitled to your own airplane and house, but not to your own facts. >> the first presidential debate, around 12 mitt romney. >> it is arithmetic. >> where was the president's fastball? >> i felt he should of been more aggressive. >> join the president on them stage, the beleaguered middle class. >> the middle class are getting crushed. >> that is what joe biden says. >> how they can justify raising taxes on the middle-class who have been buried the last four years. >> to joe biden. no, don't boo. he is the best thing we have got going, guys. >> it was the biggest brownson's encore. i read that in a column friday morning. on the cover 25th, 1415 on christmas day at parkton corps, king henry led his army to victory. charles the six was mentally incapacitated at the time of battle. that is as far as i want to take that one. agincourt? >> yes, you were there, as i recall. you covered it for the daily frog. it was quite a rout. when i
you could even say we're a little bit ambitious. right. you come in to the environment, many people came in without a job. they were volunteers and want to get a job. some people -- they want to get noticed by the right people. and they, you know, and you have people who have been hired who want maybe more responsibility. right than they probably traditional in their job. and the department heads who are racing against each other maybe to get a little more budget than the other and get a little more turf than the others and you might expect. you have the thing going on it's a chaotic time. you need to get control of this. because, you know, in this environment, where there no sort of norms, it's like building -- it is like building a village from scratch. everybody comes to a place with no rules or enormous, no structures, right, it's like the wild west. and not everybody, you know, some people who, you know, have their own tactics for getting their own way. right. sometimes even good people lose control of the inner jerks. it's a problem early in the campaign. we all have them. com
you reconcile that with your voting record? >> i have a very strong record on the environment in the united states senate. [laughter] i have a record where i voted for the superfund legislation. i have a record where i voted against my president on the override of the clean water act. i have voted for the major pieces of environmental legislation that have come down and been voted on in the united states senate. this administration and i support this administration and its environmental efforts has moved in the area for the first time to deal with the ozone problem. we now have an international treaty, the treaty that is commonly referred to as the montreal treaty. for the first time we are talking about the impact of co2 to the ozone layer. that's progress with the environment. we are committed to the environment. i take my children hiking and fishing, walking in the woods, in the wilderness. believe me, we have a commit to preserving the environment. you bring up the environment, you can't help but think about the environmental policy of the governor of massachusetts. he tal
environment. you can spread by around but let's face it, in the negotiations over the past year or so, the single biggest obstacle -- optical has been republican on willingness to move significantly on taxes. if they moved on taxes, i think democrats, a number of them including the president, will move on spending and we can have a primary agreement and the lame duck session. if not, i think we go into january. what happens if we do? think of 1995. we have a government shut down. newt gingrich/bill clinton -- once the government shut down, the pressure on both sides was so intense. the pressure if we go into january will be far greater because the economic consequences and the market consequences are more significant. i think it is inconceivable that if we go into january, there won't be a solution in january or early february at the latest. there has to be a settlement, somebody will have to blink, probably both sides. i talk a little bit to people in financial markets in the york. i would think the market would react to all of this. if there is a deal in a few weeks and any deal cle
need. what we need is for the federal government to establish and create an environment where the private sector can flourish. >> talking about earmarks is exactly the kind of craziness we do not need any more. earmarked -- $16 trillion debt. earmarked account for 1/2 of 1% of the federal budget. we are better off, but talking about that is like talking about a drop of water in the ocean. the government does not create jobs. the private sector creates jobs. if you one example, take a look at texas. the people in texas are close to the people in arizona. why and there -- is their economy doing so fantastic? they are consistently ranked as one of the top state friendly to business. what does that mean? they mean lower taxes, low regulation. and not worry about government trading infrastructure. all the government has to do is get out of the way and let the free market to its thing. >> you have been criticized for not bringing home the bacon, not doing enough to get federal money into arizona. how do you respond? >> most of the earmarks, in the transportation bill. that had 6300
, in a controlled environment where he's had a lot of time to practice, where he's had an opportunity to sort of think a lot about what he wants to say and frame his arguments and he went out and delivered. but now he's going to have to go out there and defend those arguments, going to have to go out on the stump and talk to people, talk to reporters. again, articulate the vision that john was talking about which he's been unable to do. we'll see if he's able to take that performance out of a controlled environment and i think the onus is on the president as well. he certainly came out swinging yesterday and did a lot of things people wished he had done at the debate on wednesday night, but he's going to have to make the same argument. >> well, the next two debates will be fascinating, as will the vp debate. for now, thank you both very much. >>> coming up, education was a key part of the debate the other night but can you save our schools? we meet the man who is trying to do that. bars. hmm? i just wanted you to eat more fiber. chewy, oatie, gooeyness... and fraudulence. i'm in deep, babe. y
about monetary policy and current environment and focus primarily the role of large-scale asset purchases. before doing so let me note the usual disclaim, the thoughts are about to give you are my own and do not necessarily reflect the views of others on the fomc. there is a considerable diversity of views within the fomc and within, among economists more generally about the use of large-scale asset purchases, lsaps and other unconventional policy tools. this healthy given unenviable circumstances we find ourselves. let me be clear where i stand. i support the committees decision of last month, namely to initiate purchases of mortgage-backed securities, mbs, at a rate of $40 billion a month in tandem with the ongoing maturity extension program of treasury securities. and to plant a con to continue those purchases if the committee does not observe a substantial improvement in the labor market outlook. given where we are and given what we know i firmly believe this was the right decision. in my comments today, i'm only going to briefly review the kise for taking that action as tha
? so you come into this environment. many people came in without a job. they're just volunteers and they want to get a job. some people, so they want to get noticed by the right people. and they, you know, and you have people who have been hired who want maybe more responsibility, right, and they probably traditional in their job. you have department heads who are racing against each other to maybe get a little more budget than the other and get a little more turf than the others than you might expect. you have this thing going on where it is a very chaotic time and you really need to get control of this because in this environment where there are no sort of norms, it is like building a village from scratch where everybody comes to a place with no rules, no norms, no structures, right? it's like the wild west and not everybody, you know, some people who, you know, have their own tactics for getting their own way, right? sometimes even good people lose control of their inner jerks. that is a problem early in the campaign, right? we all have them, come on. so you throw an elbow at
's. wherever i go i have business people. the regulatory environment. they all say it's terrible. it's not just banks. we have done it to ourselves. shoot ourselves in the foot. get rid of that white blanket. and they're is a great -- printed in the wall street journal. kate president-elect ronald reagan some advice. consistent taxes, regulatory. the same positive story over and over and over, and it will turn. and you have to believe in it. so america is usually going to do the right thing after it has exhausted the possibilities. i'm hoping we do. the important part to me is in washington, if you think that washington and business can go to work with each other and begin, collaboration is what should happen. we should have had collaboration we were in a crisis. every business i know wanted to help. would have pulled together, worked around the clock, but it became a war. we are really getting. so it is another wet blanket. the benefit to make it is right and move on. >> list transition. to the extent there has been a marked absence, collaboration, or significant friction between the worlds of
environment. >> the capstone concept forward says the world is trending towards greater stability, yet it says the world is potentially more dangerous than ever. how will the stability overcome the threat? >> well, you know, when people ask me about afghanistan, the first thing i normally tell them is it's possible for violence and progress to coexist in places like afghanistan. i'd say the same thing about the paradox of stability and threat. they coexist. so i've talked about a security paradox which is violence is at an evolutionary low. and it is, except that the capabilities to impart violence are in the hands of people who heretofore wouldn't have had access to them. so you have a paradox of feeling as though the world is -- this is kind of the tom friedman the world is flat and connected and, therefore, is less likely to fight each other. maybe. but there's also the other school of thought that says it's in the unconnected parts of our globe where violence will be both more prevalent, but also more violent because the instruments of violence are more available now than they've ever been
to bring vocational education back to the schools. we need to start creating an environment in our schools where the child is not on an educational path for college, they are on the path for vocational training and have a chance to have a solid life with education. we need to empower classrooms and redirect some of the dollars out of the administration in the classroom. >> thank you for the question. other than public safety, there is nothing that the state does that is more important than educating our kids. we have made great progress in a recent years. graduation rates are up, test scores are up. but we have a long way to go. 20% of our schools got a great of -- grade of c or lower. there is nothing that can't be fixed if we give parents more choices and the teachers more freedom to teach. i agree with my competitors and say that in addition to the aspect of our road map, that called for greater emphasis on math and reading, i think the time has come when the priority for every high school in indiana again, we lay out a road map. >> thirty second rebuttals. >> any changes will have to
. and an incredible, beautiful environment and also in an interesting election season to say the least. our first award for the evening -- before we get to that, i have to start it was a joke. can i start out with a joke? joe biden. sorry, that's the joke. [applause] followed by another joke, nancy pelosi. sorry. as an ardent practicing catholic. sorry. i was told by friends of "saturday night live" but i do the best nancy pelosi impersonation, but i'm still waiting for that bet they are going to me and "saturday night live." he seemed to avoid goofy liberal spirits on the republicans they do over there. our first award to the evening is the obama got some award. i can't believe i'm actually saying that. troubling. for about 25 years come in the media research center has been documenting every idiocy we know from the media as they celebrate one liberal hero after another. and let me just say, the people we are going to be talking about, they love politicians who want to raise your taxes, right? they love politicians who want to expand the nanny state and are going to check all the boxes here. the
the environment and something that was set in the debate last week. the president had the lead on energy and he said we were dealing now more than ever for gas and oil and he's right. then mr. romney came back with our bottle saying, mr. president, are drilling more for gas and oil, but it's not due to your policy. then he went on to say that because we are not drilling on federal and. why the president did not jump on that, i don't know. all the president would have to have said, was, mr. romney, do you think the american public would condone drilling in yellowstone? do you think the american public would condone drilling in yosemite? i just sat back from fly-fishing in montana and i was on federal land fly-fishing. i was on federal land where nothing is going on and i enjoyed that. i don't want to be fly-fishing next to an oil well or fracking liquid that is stored in pits that is poisonous. i just don't understand mr. romney saying we should be drilling like crazy on federal land. that just goes to show how he is uneducated about the circle of life in the natural environments. that's all i h
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the funding environment other than giving money? >> no. >> no just giving money, that's it? >> money is one kind of speech, but i was asked a similar question recently, and i said look, barack obama has shown that there is a second model for politicians. you can build a base of small donors, as brad points out it can be very robust. even in the world of unlimited spending. >> any other thoughts on how much impact of citizens have over the state of play? >> one thing, we are in lock up your the five us because we're in a more influential group of citizens. we've influenced even without having to give money. that's one of the things i often point out his money is just one of many forms of influence that affects me. one click and do. when i was at the fec i used to meet a lot, doesn't like to do is ask the groups that coming to washington, and have these big, you can talk to the department of agriculture, a couple hundred kids. i removed one year in the evenings are creating a debate topic and they would have debates. and it's on campaign finance. i look to the resolution that was being introd
and very fast changing environment. so, i am grateful to all of you for coming and look forward to our discussion and at this point i would like to invite shibley telhami to the podium to present the poll. >> thanks a lot, tammie. it's always great to be here. i'm going to just present not the whole thing but some of the findings so we can get on with the conversation i will present a highlight. i just want to give you a little bit of a picture about this particular poll. it was conducted by knowledge networks sample of 737 that is designed to be a national representative in an internet panel. the methodology is described in the information that we will put all and is also available online. i also want to say that it's really my pleasure and honor to partner to the sinnott program at the university of maryland, and a program for policy international policy attitudes and particularly my colleague, steve coll, who has a recent book published by brookings about feeling betrayed about muslim attitudes which is an excellent book but also the fact the we did the september 27 to october 2nd w
a meritorious environment, right? we're already past a place where race is like the thumb on the scale, right? >> i guess i would put it differently. i would say it's not a rigid quota. it can operate as a plus factor, but to some people would be viewed as a thumb on the scale. the brief that was sort of moving to me in looking at the case going -- o the fisher going up to the supreme court, oral arguments are on wednesday, is a brief written by deans of harvard and yale. notice that harvard and yale are where anine of the justices graduated. when we do admissions, we do a holistic merit-based analysis. if we build a diverse class, racial diversity is one component of that excellence. don't take our word for it. go to mckenzie and mckenzie has done amazing consulting work with fortune 500. again, we can have queasiness about whether or not that's a metric, whether it's a social justice issue, engaging in mediation rather than this is good for the bottom line. going back to the 2003 case, the briefs moving to sandra day o'connor, it was now being swapped out by alito which is why many are worr
the ballot measures in 34 states, abortion rights, same sex marriage, the environment, legalizing marijuana, everything is on these ballots so everybody has to not just do the candidates, they have to vote on the ballot issues. and by the way, on that little gender gap, do not worry, there is a genre gap. it's been there every time since 1980. and it is the voice -- we got the woman's vote but for so long they said they vote but all they do is vote according to men's pocketbook. no, that was wrong when i was taught it in my political science classes and it's very wrong now. women are voting their own interest on medicaid, family planning, reproductive rights. i could go on. and that measure -- when you hear that it's disappeared, don't believe that. it has not disappeared. it is the difference between men and women's votes and it's measureable. and it's based not on good looks but on positions on issues. and it will be there, it is there. and always when you hear all these polls, look at the combination of how many democrats they're putting in, how many young people, how many people are col
and big oil companies, the generics began to spread. instead of being in a neutral environment, we were up 1, 2, 3, and when todd aiken express those horrific thoughts about legitimacy to forms of rape, the generics widened even more. when the republican or romping in the sea of galilee, the generics spread even more. these people have breweries that would end of medicare to fund -- these people have priorities that would end medicare. in august, the nbc/ "wall street journal"generic said it was up four. there is a direct correlation between generics and our ability to win back the house and right now is going in the right direction. host: you could hear more from that interview tomorrow at 10:00 in the morning on this network. vincent from detroit, michigan, good morning. caller: good morning, i started new job monday. host: congratulations. caller: i was previously working part-time in retail but prior to that i was in the health field and the hospital were that close. i was out of work for eight months and applied for hundreds of jobs. i just got a job so i believe the economy is gettin
did, it really comes out very powerful. you can't control the environment in the way that you could before. >> no. and we remember with hillary clinton, they were saying that obama didn't look up, but he didn't look up in that debate with hillary clinton. >> right. >> again, that is who he is. i think we are totally for getting that. >> not only that, but i think we're also for getting that both of these men, to your point, they were who they always have been, even in governing. barack obama has infuriated his own base because of this perception that he doesn't fight hard enough. >> recurrent theme. >> it's a recurrent theme. with mitt romney the recurrent theme among republicans, the reason he doesn't have a lot of frentsds in his party is the idea that he's a vicious debater. newt gingrich called him a liar in which he demolished supposedly the best debater in the republican party and he is known to be a flip-flopper. what did he do in that debate, he flip-flopped. everybody played the type. >> dedrick's point is smart about mitt romney in some ways was the beneficiary of lowered
environment but an energy policy that creates 5 million new jobs, a foreign policy that ends this war in iraq, a foreign policy that goes after the one mission the american public gave the president after 9/11, to get and capture or kill bin laden and to eliminate al qaeda. a policy that would in fact engage our allies in making sure that we knew we were acting on the same page and not dictating. and a policy that would reject the bush doctrine of preemption and regime change and replace it with a doctrine of prevention and cooperation and, ladies and gentlemen, this is the biggest ticket item that we have in this election. this is the most important election you will ever, ever have voted in, any of you, since 1932. and there's such stark differences, i would follow through on barack's policies because in essence, i agree with every major initiative he is suggesting. >> governor. >> and heaven forbid, yes, that would ever happen, no matter how this ends up, that that would ever happen with either party. as for disagreeing with john mccain and how our administration would work, what do you ex
-business environment. and i think that's something the president doesn't really understand. if you want -- one of the points i make, if you want fairness, everyone with the same income level, go to cambodia. we want a rich and growing society and the way to do that is by promoting free enterprise. >> gretchen: but the interesting thing is that on its face, those two words, fair share, have really resonated. >> they have. >> gretchen: with some of the american voters. when you break it down and you get into the details, you find this out. for example, you say the rich already are paying their fair share if we look at the latest graphic. you show the poor, the percentage of all federal taxes paid is a negative number. explain this graphic. >> yeah. this is an amazing thing. there is such a divide between the amount of taxes the wealthy really do pay and people's perception. for the last 20 years, we've been inundated with this information in the media. the rich don't pay their fair share. warren buffet saying he pays a higher tax rate than his secretary. we looked at the real data. we found that
. >> how hard is it in the hollywood environment that exists today, to put like real events that impact people's lives and havism pacted people's lives on the screen as opposed to the industry. how hard is it to get those out? >> i think most of the money is made in superhero ske r sequels. so in zradramas, you get on andd on and cable does great jobs, so some of those folks are staying home. and history itself is not a good movie. history is history. and best studied as such, i think. or people who write about it, for example. movies need to have drama. >> i'll tell you that opening scene brings you there, and i don't know because i watched it so closely as a child, but you are drawn into it. you feel like you are in there with them and you don't get out until the movie's over. it's amazing. i don't know how you did that in this day and age because movies are hard to get torques sell to -- >> the inspiration for that was and i don't liken myself to stephen spielberg, one of the great masters. saving private ryan, it starts the movie and pulls you in with that sequence, with revolutioni
environment other than giving money? >> that's how. >> has just giving money. >> that's it. >> money is one kind of speech. i was asked a similar question at a gathering recently and i said look, barack obama has shown there's a second model for politicians. you can build a base of small donors and as brad points out it can be a robust, even unlimited spending. >> any other thoughts on how much impact citizens have over the state of play? >> we are and what appear the five of us because we are in the more influential group of citizens. we have influence without having to give money. that's one of the things i point out, it went quick anecdote. when i was at the fec, used to coming to washington to spend a week or two in the summer, and the attacks of the department of agriculture. and i remember one year they were creating a debate topic and they would have these debates on campaign finance. i looked at the resolution being introduced to regulate campaign finance. the students thought that the regulation, their proposal would create more regulation than the current system had. but actually
, for hydrogen, for battery-powered cars, so that we can clean up our environment and at the same time get our economy going by creating millions of jobs. we can do that, we as americans, because we're the best innovators, we're the best producers, and 95% of the people who are our market live outside of the united states of america. >> senator obama? >> this is one of the biggest challenges of our times. and it is absolutely critical that we understand this is not just a challenge, it's an opportunity, because if we create a new energy economy, we can create five million new jobs, easily, here in the united states. it can be an engine that drives us into the future the same way the computer was the engine for economic growth over the last couple of decades. and we can do it, but we're going to have to make an investment. the same way the computer was originally invented by a bunch of government scientists who were trying to figure out, for defense purposes, how to communicate, we've got to understand that this is a national security issue as well. and that's why we've got to make some investm
and clean for our communities and the environment. we're america's natural gas. and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announcer ] with cisco at the center... working together has never worked so well. [ female announcer ] with cisco at the center... hahahaha! hooohooo, hahaha! this is awesome! folks who save hundreds of dollars switching to geico sure are happy. i'd say happier than a slinky on an escalator. get happy. get geico. melons!!! oh yeah!! well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. ♪ [ male announcer ] this is karen and jeremiah. they don't
that we have an environment where we can create more -- bernie hasn't got to work a day the rest of his life, bernie and billy are having a wonderful life, god bless this man, he's spending his time and his money getting the message out. we know how to create jobs. we've created them. the point i'm making is the taxes will go up when you have a bigger work base. >> right, and that -- >> that's what he's betting on. >> it's a supply side argument and anyway, we got to run because we have mr. mccain coming up. >> oh, good. >> we do. mitt romney says the middle east has become a more dangerous place during the obama administration. he made his remarks in what his campaign called a major foreign policy speech yesterday in virginia, joining us now is more, senator john mccain, joins us from raleigh, north carolina, where he's campaigning for governor romney. in a nutshell, senator, summarize the points that governor romney made that you think are most spot-on in terms of talking about the middle east and where we are right now. >> well, first of all, could i tell bernie now that he's recover
and a cleaner environment but an energy policy that creates 5 million new jobs. a foreign policy that ends this war in iraq. a foreign policy that goes after the one mission the american public gave the president after 9/11, to get and capture or kill bin laden. and to eliminate al qaeda. a policy that would, in fact, engage our allies in making sure that we knew we were acting on the same page and not dictating. and a policy that would reject the bush doctrine of preemption and regime change and replace it with the doctrine of prevention and cooperation, and ladies and gentlemen, this is the biggest ticket item we have in this election, the most important election you will ever, ever have voted in since 1932. and we are such stark differences. i would follow through on barack's policies to get in essence i agree with everything, every major initiative he has suggested. >> moderator: governor. palin: and heaven forbid yes, that that would ever happen. no matter how this ends up, that that would ever happen with either party. as for disagreeing with john mccain and how our administration wo
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